The group of taipan George Ty expects its automotive business under Toyota Motor Philippines (TMP) to get a big boost from the rise of the domestic economy as per capita gross domestic product (GDP) is seen to hit $3,000 in the next few years.
The Philippine Stock Exchange is looking at the possibility of merging with the Philippine Dealing and Exchange Corp. within the year, thus creating a unified platform for trading of stocks and bonds.
Bank of the Philippine Islands is set to roll out this week a new unit investment trust fund (UITF) that will track the main-share Philippine Stock Exchange index, riding on strong investor appetite for equities.
A San Miguel-led consortium has petitioned the government to reconsider its disqualification from the P1.72-billion public-private partnership (PPP) project that seeks to introduce contactless-based smart card technology into the metropolis’ light railway transit (LRT) system.
With the growing Philippine economy boosting demand for convention and events space, the SM group seeks to cement its leading role in this burgeoning segment with the rollout of a new SMX Convention Center inside the newly opened SM Aura Premier complex in Taguig City.
The 15-member Philippine Stock Exchange (PSE) board led by chair Jose Pardo and president Hans Sicat has obtained a fresh mandate from stockholders for another one-year term as guardians of the bullish local stock market.
The 15-member Philippine Stock Exchange board led by bourse chairman Jose Pardo and president Hans Sicat obtained a new mandate from stockholders for a fresh one-year term as guardians of the bullish local stock market.
The Rebisco group’s banking arm, Asia United Bank, debuted strongly on the Philippine Stock Exchange on Friday as investors bet on the company’s robust growth prospects.
Tycoon Henry Sy-led SM Prime Holdings has debuted in Bonifacio Global City with the launch of SM Aura, a state-of-the-art civic center with office and retail space that was built as a public-private partnership with the city of Taguig.
The Gokongwei group plans to bring its privately held retail arm to public hands this year—an exercise that may raise as much as $800 million, newswire Bloomberg reported Friday.
The local stock barometer slipped for a second straight session on Friday amid a brewing Philippine-Taiwan row alongside some profit-taking and portfolio realignment.
The Rebisco group’s banking arm, Asia United Bank, debuted strongly on the Philippine Stock Exchange on Friday, bucking the generally sluggish market, as investors bet on growth prospects for the years ahead.
